3334 Lazelle Street , Sturgis, SD 57785(Meade County)

STURGIS, SOUTH DAKOTA: This COMMERCIAL/INDUSTRIAL PROPERTY consists of 257.11 Acres. A certain area consisting of approximately 7.0 acres, will be retained by the seller, leaving a final area of approximately 250.11 acres. The purchase price of $23,687 per acre shall be adjusted to the final net survey acreage, after deducting the residential area. Price per acre is based on estimated volumes of in-ground gravel and limestone. In-ground locations and calculations are available to a qualified buyer. Personal property (processed inventory and Rice Lake Scale System) is not included in the price per acre, and shall be paid at closing in addition to the purchase price for the land. This property has hosted a limestone and gravel business since the 1950's. Crush and ready for daily operations are 9 various grades of gravel and 5 grades of limestone. A 100-ton Rice Lake scale exists on the property, ready for weighing and sales. This facility is licensed for operation until 2075. In addition to gravel and limestone deposits, up to 80 acres host a variey of unknown minerals including sand, gypsum and red clay fill. The property is fenced, allowing leasing for cattle grassing.